Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CION Investment Corp incurred senior notes of $100 million aggregate principal amount at three-month Secured Overnight Financing Rate (“SOFR”) plus a credit spread of 4. maturing November 8, 2027.
- Instrument
- senior notes
- Principal
- $100 million aggregate principal amount
- Rate
- three-month Secured Overnight Financing Rate (“SOFR”) plus a credit spread of 4.
- Maturity
- November 8, 2027
- Event
- incurrence
Exact text from the filing
On November 8, 2023, CĪON Investment Corporation (“CION”) e ntered into a Note Purchase Agreement with certain institutional investors (the “Note Purchase Agreement”), in connection with CION’s issuance of $100 million aggregate principal amount of its senior unsecured notes due 2027 (the “Notes”)
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CION Investment Corp entered into Note Purchase Agreement with certain institutional investors valued at $100 million aggregate principal amount (effective 2023-11-08).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- certain institutional investors
- Value
- $100 million aggregate principal amount
- Effective
- 2023-11-08
Exact text from the filing
On November 8, 2023, CĪON Investment Corporation (“CION”) e ntered into a Note Purchase Agreement with certain institutional investors (the “Note Purchase Agreement”), in connection with CION’s issuance of $100 million aggregate principal amount of its senior unsecured notes due 2027 (the “Notes”) at a purchase price equal to 99.25% of the principal amount of the Notes.
View on SEC.gov